News
MacKenzie Scott Donates $65 Million to LISC
MacKenzie Scott, the prolific philanthropist, announced that she is donating $65 million to LISC, the largest contribution in our organization’s 45-year history. This is Scott’s second grant to LISC, which builds on a $40 million gift in 2020 that was used to seed programs that narrow gaps in health, wealth, and opportunity, particularly for communities of color.
My Home Pathway Launches Homeownership Pilot Program With Support From LISC NY, Wells Fargo, TransUnion, Morgan Stanley, and Invest Newark
My Home Pathway has launched a comprehensive Home Buyer Nurture Program, with investment and support from LISC NY, the Wells Fargo Foundation, TransUnion, Bilt Rewards and Morgan Stanley. "We're proud to advance the Home Buyer Nurture Program with our partners and break down these blockades to boost homeownership and continue to do all we can to close the racial wealth gap that holds back the full power of our economy," says Valerie D. White, LISC NY Senior Executive Director.
LISC Impact Notes and Racial Equity: An Update on Progress
In 2020, LISC Impact Notes pledged to support Project 10X and invest in racial equity. In the blog below Kathleen Keefe, LISC's Investor Relations and Portfolio Reporting Lead, shares the important projects Impact Notes has taken on to reach 10X goals.
Ruth Jones Nichols, Formerly of HUD, Joins LISC as Executive Vice President to Lead Nationwide Program Activity
Dr. Jones Nichols will oversee LISC’s 37 metro-area program offices, Rural LISC and all its national programs. In addition to her federal leadership experience, she brings to LISC decades of experience working at the local level on critical issues related to housing, jobs, racial and gender equity, education and food access.
About Us
LISC NY supports local partners across New York State whose services and programs aim to create a more equitable, inclusive, and sustainable New York. We believe that the time has come to forge a future for New York, that equitably distributes capital resources and investments, protects affordable housing for LMI New Yorkers, and builds pathways of meaningful economic opportunity for all.
Visit our Who We Are page to learn more about our investment strategy and our three-pillar approach.